Italian Banking Crisis Turns into Mission Impossible by Don Quijones • Sep 17, 2016 • 29 Comments With a stagnating economy, even supposedly good debt on banks’ books may end up putrefying.
“We had a lot of Drama in the Markets this Week,” Thanks to the Bank of Japan by Wolf Richter • Sep 17, 2016 • 44 Comments Erode that confidence, and you have a crisis on your hands.
Dear Reader, Are You Missing Out on Our Comments? by Wolf Richter • Sep 16, 2016 • 110 Comments I’m in the thick of it, trying furiously and ineffectually to stem the tide.
Deutsche Bank’s CoCo Bonds Speak of Fear of the Worst by Wolf Richter • Sep 16, 2016 • 24 Comments For profitable, well-capitalized banks not teetering on the brink, big fines are a slap on the wrist. But these three conditions don’t apply to Deutsche Bank.
“Pension Crisis”: This is How You’ll Bail out Municipal Pension Funds by Wolf Richter • Sep 15, 2016 • 83 Comments Check the bills in your mailbox. Happening now in Chicago.
“Where’s the Money Gone?” Rescue of Spain’s Biggest-Ever Corporate Bankruptcy Stumbles in Mexico by Don Quijones • Sep 15, 2016 • 12 Comments Fleeced Mexican investors left railing against big banks and hedge funds.
That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks by Wolf Richter • Sep 14, 2016 • 68 Comments If soothsayers want to know why men are frustrated, and more than frustrated, they can just look at the chart.
“Crazy Things” Happen with Bond Math at ZIRP & NIRP by Contributor • Sep 14, 2016 • 13 Comments Cross Asset Contagion & High Volatility in Manipulated Markets.
Self-Driving Vehicle Revolution to Wipe Out 4 Million Jobs by Wolf Richter • Sep 14, 2016 • 162 Comments But we’re not prepared.
The Chilling Thing CEOs of Corporate America Said about Jobs by Wolf Richter • Sep 13, 2016 • 56 Comments Part of the “unfortunate new normal.”
